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Each year after the owner's meetings, the NFL awards compensatory picks to NFL teams based on certain formulas. Based on this formula, the Jaguars have been awarded zero compensatory picks in the 2013 NFL Draft, putting their total draft picks at seven, still.
The Rules for compensatory draft selections are based on a team losing more or better compensatory free agents than it signs in the previous year. The number of picks a team receives equals the net loss of compensatory free agents up to a maximum of four picks. Depending on salary, playing time and postseason honors the players lost received in the following season, a team can earn a pick as high as the third round.
Compensatory picks cannot be traded.
Keep reading:
• Explaining cap room and "spending"
• Jaguars NFL free agent 2013 tracker
• List of NFL free agents: Players still available for the Jaguars to target